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$1,499,900
11 DENNIS AVENUE
Toronto, Ontario, Ontario, M6N2T7
MLS® Number: W12162808
Property description
A rare opportunity to purchase this high-performing LEGAL triplex just steps away from the Mount Dennis super transit hub. With an average 4.75% CAP rate and an 8.30% leveraged CAP rate, this fully renovated (gutted to the studs) triplex is an ideal investment to add to any portfolio. This turnkey opportunity offers three two-bedroom units, each spanning 1000 sq ft, each with a private ensuite washer and dryer, brand new appliances and fixtures, large windows with an abundance of natural light, new mechanicals and each unit is separately metered for hydro. The spacious backyard and detached garage offer an excellent potential for a garden suite, creating a rare opportunity to further increase the density and value. With a close proximity to a brand new public school, a nearby catholic school, excellent transit and and neighbourhood shopping, this central location ensures low vacancy and high-calibre tenants.
Building information
Type
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Amenities
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Appliances
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Basement Features
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Basement Type
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Cooling Type
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Exterior Finish
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Flooring Type
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Foundation Type
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Heating Fuel
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Heating Type
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Size Interior
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Stories Total
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Utility Water
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Land information
Amenities
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Sewer
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Size Depth
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Size Frontage
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Size Irregular
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Size Total
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Rooms
Main level
Bedroom 2
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Primary Bedroom
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Kitchen
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Living room
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Lower level
Kitchen
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Living room
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Bedroom 2
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Primary Bedroom
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Second level
Bedroom 2
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Primary Bedroom
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Kitchen
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Living room
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Main level
Bedroom 2
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Primary Bedroom
*****
Kitchen
*****
Living room
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Lower level
Kitchen
*****
Living room
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Bedroom 2
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Primary Bedroom
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Second level
Bedroom 2
*****
Primary Bedroom
*****
Kitchen
*****
Living room
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Courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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